RE: Rock Update4 Aug 2025 11:57
Tuvok, fair question. This is from the Rio Tinto website:
“1883
Supplying 10% of world copper
Initially, our shareholders had high hopes of quick returns, but it took 10 years of regular, additional funding before investors started to see promising returns. And by the turn of the century, after vigorous expansion, our Spanish mines were producing 10% of the world's copper.”
Exploration is normally long and expensive. Rockfire are lucky in have a pre-explored site to direct where they drill. Best bangs for the buck and all that. The £2,000,000 recently raised, at full share price, should see the company able to perform their planned drills. Having serious, mining focused, investor on board should make any further cash calls straight forward. It’s your money, your decision, but I think this is possibly the best time to be investing here. DYOR etc etc!!